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Board approves HUD addendum to let HABC place Perkins supportive‑services funds in trust
Summary
The Board of Estimates approved an addendum to the Perkins Somerset Old Town HUD agreement allowing the Housing Authority of Baltimore City to place supportive‑services funds in a trust to protect them from federal recapture; the city signs as co‑grantee but assumes no financial responsibility.
The Board of Estimates on June 4 approved an addendum to the HUD agreement for the Perkins Somerset Old Town (PSO) redevelopment that permits the Housing Authority of Baltimore City to establish a trust to secure funds earmarked for resident supportive services.
Deputy Mayor Justin Williams told…
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